Frankfort, IN Real Estate
According to census data in the year 2000 there were 6,677 housing units in Frankfort.
This represents a 8.6% growth from 6,146 in 1990.
Of those housing units, 6,667 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.
Homeownership rate in Frankfort is about 61.7%.
Frankfort's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Frankfort were built after 1951.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.67|
|Median year structure was built||1946|
|Median Value of occupied units||$76,600|
|Median Price asked for vacant units||$73,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.38|
|Median year structure was built||1957|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.8%|